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Sep 8, 2012
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so this idea that mitt romney said exclusively let detroit go bankrupt is fall. that was a headline in the "new york times" and you know you don't write your own headlines. he wrote and it torial under that headline it that said that gm ought to be ushered through a think mad bankruptcy. i'll tell steve what it is. it's exactly what happened. that's exactly what g permit was -- >> government by your side. >> no we'll be fair here. the difference is who drove the bankruptcy. mitt romney did make an argument that he thought the private sector should drive the managed bankruptcy versus the government and he was as you pointed out wrong. there was no private capital. but we don't poe what would is happened when mitt romney failed at his attempt at a private driven bankruptcy. he might well have fallen back on private guarantees. >> and he wrote another editorial during the michigan rhyme area in the spring of this year in which he even more strongly said president obama should have stayed out of the automobile situation and let the companies go through bankruptcy on
so this idea that mitt romney said exclusively let detroit go bankrupt is fall. that was a headline in the "new york times" and you know you don't write your own headlines. he wrote and it torial under that headline it that said that gm ought to be ushered through a think mad bankruptcy. i'll tell steve what it is. it's exactly what happened. that's exactly what g permit was -- >> government by your side. >> no we'll be fair here. the difference is who drove the...
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Sep 8, 2012
09/12
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we're not worried about uaw workers in detroit. nothing gives more texture to this campaign than that. >> and jobless rates was above 8%. i'd like to see someone come out and say a few things, but someone saying we were losing 750,000 jobs until the stimulus put into effect. >> eliot: the reality is that the republicans are going to create a false comparison. they're going to say back when ronald reagan was president or bill clinton was president unemployment was down 5%. when barack obama came in, we were losing 750,000 jobs a month. >> you can have high unemployment and raise taxes. >> those are freedom deficits. >> eliot: the other big winner, thethe purely substantive speech should be watched and examined for its power and what was in it was bill clinton. just a tutorial in what governance was all about. >> absolutely masterful. i'm glad he took his time with it and he took time to refute what gorge romney was saying last week. my favorite, when he said governor romney was not being honest about the and waivers. and governor ro
we're not worried about uaw workers in detroit. nothing gives more texture to this campaign than that. >> and jobless rates was above 8%. i'd like to see someone come out and say a few things, but someone saying we were losing 750,000 jobs until the stimulus put into effect. >> eliot: the reality is that the republicans are going to create a false comparison. they're going to say back when ronald reagan was president or bill clinton was president unemployment was down 5%. when...
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Sep 8, 2012
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>> his opponent wanted to let detroit go bankrupt. this president saved the american auto industry and it's coming back strong. >> the american auto industry is not just surviving, it's thriving. >> this is the president who saved the american auto industry from extinction. >> sean: what was never mentioned is that more than $25 billion in loans will never be repaid and $15 billion when you talk about gmac, meaning that you the taxpayer will be stuck with the bill. why did g.m. deserve the bailout? it's the unions. big labor has been a big supporter of the anointed one. this is the president, returning that favor. joining me to expose the untold story about the auto bailout, the author of the best sellir, number 1, obama's america. 2016, you are going to -- you are going to surpass al gore's, you know, what that was global warming fiasco. >> this is a big weekend for the film. "an inconvenient truth." that will be a very inconvenient truth for al gore. it will surpass his film and sicko and bowling for clum bine. >> sicko, that was th
>> his opponent wanted to let detroit go bankrupt. this president saved the american auto industry and it's coming back strong. >> the american auto industry is not just surviving, it's thriving. >> this is the president who saved the american auto industry from extinction. >> sean: what was never mentioned is that more than $25 billion in loans will never be repaid and $15 billion when you talk about gmac, meaning that you the taxpayer will be stuck with the bill. why...
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Sep 8, 2012
09/12
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. >> hello, detroit! >> the administration counts the rescue of the auto industry among its biggest successes. gm and chrysler went from bankruptcy to new profitability, with gm reclaiming the title of the world's biggest automaker. but the economic engine of the country itself had yet to roar. the president's policies may have prevented another great depression, but americans remain hungry for a robust recovery. >> if you look at the things that the president's accomplished, i would say it's a fair amount of the things that he wanted to get done. increasing pell grants, american opportunity tax credit, 2.5 million young people have health care now. there is a long list. the problem is, that long list, it doesn't happen overnight and it's not sort of checked off as it happens. >> and the biggest achievement of obama's first term, the landmark health care bill, was reaffirmed by the right-leaning supreme court. while the focus on obama's record has mostly been on his domestic policies, the president's impa
. >> hello, detroit! >> the administration counts the rescue of the auto industry among its biggest successes. gm and chrysler went from bankruptcy to new profitability, with gm reclaiming the title of the world's biggest automaker. but the economic engine of the country itself had yet to roar. the president's policies may have prevented another great depression, but americans remain hungry for a robust recovery. >> if you look at the things that the president's accomplished,...
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Sep 8, 2012
09/12
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. >> hello, detroit! >> the administration counts the rescue of the auto industry among its biggest successes. gm and chrysler went from bankruptcy to new profitability, with gm reclaiming the title of the world's biggest automaker. but the economic engine of the country itself had yet to roar. the president's policies may have prevented another great depression, but americans remain hungry for a robust recovery. >> if you look at the things that the president's accomplished, i would say it's a fair amount of the things that he wanted to get done. increasing pell grants, american opportunity tax credit, 2.5 million young people have health care now. there is a long list. the problem is, that long list, it doesn't happen overnight and it's not sort of checked off as it happens. >> and the biggest achievement of obama's first term, the landmark health care bill, was reaffirmed by the right-leaning supreme court. while the focus on obama's record has mostly been on his domestic policies, the president's impa
. >> hello, detroit! >> the administration counts the rescue of the auto industry among its biggest successes. gm and chrysler went from bankruptcy to new profitability, with gm reclaiming the title of the world's biggest automaker. but the economic engine of the country itself had yet to roar. the president's policies may have prevented another great depression, but americans remain hungry for a robust recovery. >> if you look at the things that the president's accomplished,...
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Sep 8, 2012
09/12
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he is watching the detroit tigers when he is not watching the presidential race. gene and jessica thank you for being here. thank you for joining us. as we were discussing, this will be a very unusual transition regardless of who wins. let's say president obama is reelected. if the republicans insist on extending the entire bush tax cuts, would the president be willing to let the entire tax cut expired? >> i think the important thing to understand is that we think the time after the election is important. can we come together and make progress and a broad best -- broadbased agreement. this should be done in a way to protect the vulnerable. we need to do something and we need to come together and that meant there is a lot of people who understand that is the case. -- i think we should be looking at the post- election period as an opportunity. there is a gun to our heads and we need that as a country to make both sides calm and compromise. i believe the number one reason we have not been able to have that type of compromise is that a portion of the republican leader
he is watching the detroit tigers when he is not watching the presidential race. gene and jessica thank you for being here. thank you for joining us. as we were discussing, this will be a very unusual transition regardless of who wins. let's say president obama is reelected. if the republicans insist on extending the entire bush tax cuts, would the president be willing to let the entire tax cut expired? >> i think the important thing to understand is that we think the time after the...